About ICICI Bank

ICICI Bank is one of the country’s top private sector commercial banks which is taking care of the requirements of the people. The bank began its journey in the banking world in the year 1994 when it was promoted as a banking subsidiary of Industrial Credit and Investment Corporation of India Limited. ICICI Bank main head office is set up in Mumbai. The bank has a huge network of branches and ATMs that are spread across the country. The bank has always offered unmatched benefits to the customers so that they get the best deal possible without much hassle. This has received much praise from the customer’s end.

ICICI Bank over the years has been applauded and rewarded with several awards. It ended up winning the Best CSR & Sustainability Practices Award in 2016 for its good performance. In the previous year, it was successful in opening the most number of Demat accounts in India and thus was rewarded with the award of National Securities Depository Limited Top Performer. The bank has been the first to transform itself according to the changing needs. It introduced India to the concept of internet banking in 1998. In the next year i.e. 1999 it launched online bill payment for the customers, who welcomed it with open arms. Lucknow, the capital of Uttar Pradesh has been on a growth spring due to major projects that are being undertaken in the city. ICICI bank too is part of the process as it has more than 20 branches in the city that are operating to provide timely loans to the people.

Products offered by ICICI Bank

ICICI Bank has a wide range of products for the people of the city of Nawabs. Interested in bringing home a car of your dreams? Avail a car loan from the bank. People in the city can also secure a loan for building their own home, business commencement or buying of gold. The bank also offers a personal loan so that people can meet their personal needs. Other loan products include education loan and loan against property. One can open a fixed deposit account with the bank too. Want additional information? Don’t miss checking out the two tables below-

Basic details of ICICI bank loans in Lucknow

Product

Eligibility

Loan amount

Interest rate

Processing fee

Tenure

Home loan

1.The applicant should have obtained at least 21 years of age when the loan is sanctioned.

2.65 years is the age when the loan should be fully repaid.3.The applicant should be salaried individual or a self-employed.

4.The co-applicant must at least be 18 years old.

5. In order to enhance his loan eligibility, the applicant can add his/her spouse, who is earning well, as a co-applicant

From ₹ 30 lakhs to above ₹ 5 crore ( for few cases)

8.55% - 8.80%

0.50 to 1% of the loan amount or ₹ 1,500 along with GST

New Delhi, Mumbai and Bengaluru- ₹2,000+GST

30 years

Personal loan

Salaried employee-1. The applicant should be between the age group of 23 to 58 years.

Extra documents needed are given under-For Self-employed Professional:Proof of existence of BusinessEducation qualification certificateIncome tax returns of the past three years

For Self-employed Non Professional:Proof of existence of BusinessEducation qualification certificateBusiness ProfileIncome tax returns of the past three yearsP&L account and Audited Balance Sheet of the previous three years which has been certified by a CA

Photographs of passport sizeCompletely filled application formProof of Identity- Aadhar card/Voter ID card/PAN Card/Passport/Driving LicenseProof of Age- Birth certificate/Passport/High school marksheet/PAN cardProof of Residence- Allotment letter/Passport/Telephone Bill/Electricity Bill/Leave and license agreementBank statement with verification of signatureProof of Income- Salaried employee: Latest salary slip and Form 16Self-employed Professional: Income tax (IT) returns of the previous two years Self-employed Non Professional: Income tax returns of the last two financial years along with audited Balance Sheet and Profit & Loss account

Proof of ownership or Proof of business stability (Self-employed)

Partnership deed and a letter duly signed by the present partners whereby they give complete authority to one partner (Self-employed Non Professional).

For companies and societies two things are needed -Memorandum & Articles of Association plus Resolution by board of directors

Extra documents needed are given under-For Self-employed Professional:Proof of existence of BusinessEducation qualification certificateIncome tax returns of the past three years

For Self-employed Non Professional:Proof of existence of BusinessEducation qualification certificateBusiness ProfileIncome tax returns of the past three yearsP&L account and Audited Balance Sheet of the previous three years which has been certified by a CA

Property documents-Agreement for Sale & construction, Letter of Allotment, Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession, Detailed cost of construction and Land tax receipt.

Business loan

Completely filled Application form Proof of Entity – Partnership deed/Shops and Establishment certificate/Certificate of IncorporationPAN Card copy of Entity, Partners/Proprietors/Directors, guarantors and Security providersProof of Address of Entity, Partners/Proprietors/Directors, guarantors and Security providersBank statement of the last six monthsAudited Balance Sheet and Profit & Loss account of the last three financial years The performance of the current year and estimated turnover on the letterhead of the entityIncome Tax returns of the past one year of the borrowing entity

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